Suppliers' News

Veramaris secures Canadian authorization for algal oil in aquafeed

The company has been granted the first market authorization in Canada for the inclusion of algal oil in feeds for salmonid species.

Algal oil
Algal oil. Credits: Veramaris
March 11, 2024

Veramaris has completed the necessary three-year registration process for its use in Canadian salmonid farming. The authorization allows Veramaris to provide Canadian aquaculture with a secure source of ASC- and MSC-certified EPA and DHA. The algal oil, produced in Blair, Nebraska, USA, is a regional solution that supports the industry's move towards adopting alternative omega-3 sources and reducing dependency on fish oil as a primary source of essential fatty acids for salmon feed.

“The Canadian registration of Veramaris' algal oil is key to supporting the rising global demand for alternative sources of omega-3 EPA and DHA. Securing authorization in Canada is an important step not only for Veramaris but also for the entire aquaculture industry,”said Gertjan de Koning, CEO of Veramaris.

The registration has been welcomed by the Canadian aquaculture sector. Tim Kennedy, president and CEO of the Canadian Aquaculture Industry Alliance, noted, “Canadian aquaculture is at a pivotal point, and Veramaris' algal oil brings us closer to achieving our sustainability aspirations. This registration not only highlights the strategic value of aquaculture in Canada but also demonstrates the industry’s commitment to innovation and environmental stewardship.”

Canada is the world's fourth-largest producer of salmonids, including farmed Atlantic salmon. The market authorization of Veramaris' algal oil is expected to make a positive contribution to the health and welfare of farm-raised salmon and advance sustainable practices within the Canadian aquaculture industry.